Pensioners will fight tooth and nail to keep the young paying for their retirement. Keep pulling up the ladder folks, you won’t have to deal with the consequences
dylad.
I wouldn’t be too shortsighted about this, unless you are close to retirement yourself or expect to die before 65 you may be looking at a 5 year gulf between your private and state pension.
Topsy
b: What a load of horse manure.
b
Pensions cost 7bln per year and rising, the e-voting machines cost 55mln, so had the government at the time not wasted the money on them they would have been able to pay for an extra 3 whole days of pensions this year
Alors
What’s the tasteless headline about?
The young aren’t paying for pensioners’ retirement, dear; the pensioners paid for years to finance theirs and yours.
b
that’s not how it works, that’s not how any of this works…..
Bodger
Alors, the headline is taken from the text of the letter.
Alors
Not very nice in the context of a story today about an elderly driver who had a heart attack before a fatal crash, though.
Bodger
Sorry, Alors, changed now. Thanks
Alors
Thanks, Bodger.
Rob_G
“The young aren’t paying for pensioners’ retirement, dear; the pensioners paid for years to finance theirs and yours.”
– no they didn’t; pensions are funded from current expenditure.
Andy
Ignorance is bliss it seems
phil
Defined benefit pensions , that’s the element in the room…
Never understood how in a republic the state can stand over a situation where some citizens are entitled to DB pension, whereas everyone else has to fend for themselves by trusting the ‘market’ to invest their savings wisely….
If you are unwilling to remove the DB pension for state employees, then stop paying it out of current expenditure , and form a pension fund, and see how long that lasts …
Jake38
The whiff of self-interest from the geriatrics of this country is overwhelming.
I like how in the third paragraph he reminds us that it was his generation that fupped up the economy. Thanks for that.
We do need to pay pensions that are above the poverty line, though. Like…I dunno about you guys but I’m 35 and haven’t started a private pension yet. Can’t even afford a mortgage. I don’t want kids, and I don’t think people should have kids as a retirement care plan anyway. Probably gonna have to work til I die.
Pensioners will fight tooth and nail to keep the young paying for their retirement. Keep pulling up the ladder folks, you won’t have to deal with the consequences
I wouldn’t be too shortsighted about this, unless you are close to retirement yourself or expect to die before 65 you may be looking at a 5 year gulf between your private and state pension.
b: What a load of horse manure.
Pensions cost 7bln per year and rising, the e-voting machines cost 55mln, so had the government at the time not wasted the money on them they would have been able to pay for an extra 3 whole days of pensions this year
What’s the tasteless headline about?
The young aren’t paying for pensioners’ retirement, dear; the pensioners paid for years to finance theirs and yours.
that’s not how it works, that’s not how any of this works…..
Alors, the headline is taken from the text of the letter.
Not very nice in the context of a story today about an elderly driver who had a heart attack before a fatal crash, though.
Sorry, Alors, changed now. Thanks
Thanks, Bodger.
“The young aren’t paying for pensioners’ retirement, dear; the pensioners paid for years to finance theirs and yours.”
– no they didn’t; pensions are funded from current expenditure.
Ignorance is bliss it seems
Defined benefit pensions , that’s the element in the room…
Never understood how in a republic the state can stand over a situation where some citizens are entitled to DB pension, whereas everyone else has to fend for themselves by trusting the ‘market’ to invest their savings wisely….
If you are unwilling to remove the DB pension for state employees, then stop paying it out of current expenditure , and form a pension fund, and see how long that lasts …
The whiff of self-interest from the geriatrics of this country is overwhelming.
Look in the mirror when you say that, kiddo!
cheeky . Don’t lump all the geriatics together.
did they not give our pension fund to the imf?
nope. that was armour plated.
OK, so we take away/reduce the pensions now…
tick tock tick tock 30 to 40 years pass….
“why is have I know pension I’ve been paying into for years”
Meanwhile the young of the future will say… “I’m not paying for their pensions”
Rinse and repeat.
feckin’ typos… dang it!
Blue rinse?
Snigger
Boom! :)
I like how in the third paragraph he reminds us that it was his generation that fupped up the economy. Thanks for that.
We do need to pay pensions that are above the poverty line, though. Like…I dunno about you guys but I’m 35 and haven’t started a private pension yet. Can’t even afford a mortgage. I don’t want kids, and I don’t think people should have kids as a retirement care plan anyway. Probably gonna have to work til I die.
You could always return the US of A.